I don't know much about banking, but I know what I like, and one thing I like is the Swedish model. During crises, more economists should consider the Swedish model. Cast your eyes upon the Swedish model and have a personal revelation! About banking. (I just thought I'd get these out of the way early
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Thus far my HIGHLY SOPHISTICATED response to questions about government bailouts bas been that the business community campaigns tirelessly for reduced governemnt intervention, so obviously they should cop it sweet. Not a totally satisfactory response, however.
So thank you for providing me with a slightly more informed-sounding response!
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